FAV. CHG. OF REF. HOUSE TO COMM. ON Finance, Revenue and Bonding
Summary
The bill lets eligible family caregivers claim a credit of up to 50% of qualified expenses, capped at $2,000 per year, for caring for a qualifying family member. It applies to caregivers with modest incomes and to family members who need help with daily living activities and live at home. The credit is nonrefundable and is administered through a voucher system by the Department of Revenue Services.
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